TAMAN TASEK INDAH in Kuala Muda, Kedah recorded 6 subsale transactions in 2023, with a median price of RM 145K and a median price per square foot (PSF) of RM 108.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 145K, with most transactions falling within a stable range of RM 113K to RM 178K, and a typical market range of RM 116K to RM 174K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 108, with core pricing between RM 88 and RM 128. Market pricing typically extends from RM 86.00 to RM 129.00, reflecting moderate variation in unit pricing. The spread of RM 43.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
